NBS

FG recorded N1.87tn trade deficit in Q2 –NBS

The Federal Government recorded a trade deficit of N1.87 in the first half of the year; data obtained from the National Bureau of Statistics has shown. This figure was contained in the Foreign Trade Statistics report released on Saturday. According…

Inflation drops by 0.37% in July – NBS

The National Bureau of Statistics (NBS) said inflation dropped by 0.37 per cent to 17.38 per cent in July, from 17.75 per cent recorded in June. The NBS said this in its “Consumer Price Index (CPI) July 2021 Report” released…

FG begins 4th MSMEs survey —  NBS

The Federal Government is set to begin the fourth round of the Micro, Small and Medium Scale Enterprises (MSMEs) survey. The disclosure was made on Thursday in Abuja at a news conference jointly addressed by the office of the Statistician-General…

At N512.25bn in Q2 2021, VAT hits record high

The National Bureau of Statistics’ (NBS) on Tuesday disclosed that Nigeria recorded an increase of N15.86 billion Value Added Tax (VAT) revenue from N496.39 billion generated in quarter one (Q1, 2021) to N512.25 billion in Q2. NBS in its “Sectoral…

Analysts react over steady drop in inflation rate

By Olaleye Aanuoluwapo, Abuja The former Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Muda Yusuf and the President, Association of Capital Market Academics of Nigeria (ACMAN), Prof Uche Uwaleke have expressed views on the recent drop in inflation,…